Property profile

2220 Ridgewood Rd Wyomissing, PA 19610

OFF-MARKET
Medical Office Space
Property ID
US73-2025115
6,800 SF 0.81 ac lot Built 2002
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Total area 6,800 SF
Lot 0.81 ac (35,284 SF)
APN 4397-14-43-0385
UPID US73-2025115

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Hospital
  • Ophthalmologist
  • Physician
  • Ophthalmologist

Location

2220 Ridgewood Rd Wyomissing, PA 19610-1167
Wyomissing metro Census 11101 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$870k
Comparable Approach Comparable
$533k
Blend (final) Blend
$845k

Owner & transaction history

since 2016
2 recorded transactions
2016
$3.2M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.1M +0.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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